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Crypto Scandal Erupts: Ex-Philippine Mayor Implicated In $30 Million Fraud And Laundering

  • Former Philippine mayor, Alice Guo, has been implicated in a $30 million crypto fraud and money laundering scandal.
  • Guo is connected to Atom Asset Exchange, a cryptocurrency enterprise that defrauded customers and shut down.
  • This incident highlights concerns about crypto scam rings infiltrating local governments in Southeast Asia.
  • Guo is also facing charges of human trafficking and money laundering in the Philippines.

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